Latest Resource Development News

Andean Silver Limited reports significant high-grade silver-gold drilling results at its Cerro Bayo Project in Chile, extending mineralisation beyond existing resources near key processing infrastructure. These findings set the stage for a resource update in the first half of 2026.

Verity Resources has wrapped up a major 10,860-metre drilling program at its Monument Gold Project, aiming to upgrade and expand its gold resource in Western Australia’s Laverton Goldfields.

Krakatoa Resources has reported strong visual antimony mineralisation from underground and surface drilling at its Zopkhito project in Georgia, extending the option period by 12 months to advance resource definition and transaction milestones.

AKORA Resources has secured strong endorsement from Madagascar’s new government to upgrade its Bekisopa iron ore project licence from exploration to mining, paving the way for project advancement and investment.

Cauldron Energy has announced a significant new uranium discovery at its Manyingee North prospect, with high-grade mineralisation intersected in all recent drillholes, suggesting a substantial expansion of its Yanrey Uranium Project resource base.

Legacy Minerals Holdings has identified promising new silver targets at its Mt Carrington Project in NSW, securing approvals for an additional 3,500 metres of drilling to expand its substantial 115Moz silver equivalent resource.

Lightning Minerals Ltd is set to launch a fully funded Phase 2 drilling campaign at its Mt Turner Gold Project in Queensland, following Phase 1 success that revealed a large mineralised system along a 12km strike of the Drummer Fault.

Marmota Limited’s maiden drilling program at the Greenewood gold discovery in South Australia reveals spectacular bonanza-grade gold assays over nearly 1km strike length, positioning the project as a standout in the Gawler Craton.

Cannindah Resources has identified a previously unrecognized high-grade copper-gold target adjacent to its Cannindah Breccia Deposit, revealing a significant exploration opportunity within a 200-250m drill data gap. Ongoing drilling at multiple targets promises further resource growth.

Black Bear Minerals has initiated a focused diamond drilling program at its Shafter Silver Project in Texas, aiming to extend mineralisation beyond the current 17.6 million ounce resource estimate. The program also seeks to explore the project's multi-commodity potential amid rising strategic demand for silver.

Norfolk Metals has released promising initial assay results from its maiden drilling campaign at the Carmen Copper Project in Chile, confirming both shallow copper oxide and deeper sulphide mineralisation. These findings reinforce the project's potential for a JORC-compliant resource and set the stage for further exploration.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.